SleeperFrom 1993 until 2004, the SVT Cobra ruled supreme. From the very beginning, these cars were about true American performance with a little sophistication and subtlety. Drive a 1993 GT, then drive a Cobra and you'll see the difference. When the 4.6-liter DOHC engine was shoehorned into the engine bay for '96, the SN95 Cobra, now with 305 horsepower became a true street terror and one that could hold its own on the racetrack too, thanks to an engine that liked to rev. Outwardly it was still fairly mild mannered, unique rims, hood scoops and Cobra lettering on the rear bumper were about all that distinguished it from a GT, save the color palette. Today, the solid axle 1996-98 Cobras have a following and with a few bolt-ons you can have a reliable 12-second daily driver. And, as of right now, they are one of the best performance buys on the market.